Blue Owl Capital Faces Shareholder Class Action Lawsuit Over Misleading Statements.

A shareholder class action lawsuit has been filed against Blue Owl Capital Inc. (NYSE: OWL) alleging that the company made false and/or misleading statements about its business, operations, and prospects. The lawsuit claims that Blue Owl experienced a pressure on its asset base from BDC redemptions, faced undisclosed liquidity issues, and limited or halted redemptions of certain BDCs. This allegedly led to positive statements about the company's business being misleading and/or lacking a reasonable basis.